Rocket One Inc. Common Stock (RKTO) Projected to Post Quarterly Earnings on Wednesday

Rocket One Inc. Common Stock (NASDAQ:RKTOGet Free Report) is expected to post its results after the market closes on Wednesday, September 2nd. Analysts expect the company to announce earnings of ($0.1424) per share for the quarter.

Rocket One Inc. Common Stock (NASDAQ:RKTOGet Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.19) EPS for the quarter.

Rocket One Inc. Common Stock Stock Down 3.2%

Shares of NASDAQ:RKTO opened at $0.69 on Tuesday. Rocket One Inc. Common Stock has a 52-week low of $0.49 and a 52-week high of $2.45. The stock has a market cap of $15.35 million, a P/E ratio of -0.84 and a beta of 0.96. The business has a fifty day moving average of $0.82 and a two-hundred day moving average of $0.90.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Weiss Ratings raised shares of Rocket One Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 19th. Wall Street Zen lowered shares of Rocket One Inc. Common Stock from a “sell” rating to a “strong sell” rating in a research report on Sunday, August 16th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Rocket One Inc. Common Stock has an average rating of “Hold” and a consensus price target of $5.00.

Get Our Latest Stock Analysis on Rocket One Inc. Common Stock

Institutional Investors Weigh In On Rocket One Inc. Common Stock

Institutional investors and hedge funds have recently made changes to their positions in the stock. DRW Securities LLC acquired a new position in Rocket One Inc. Common Stock during the fourth quarter worth $257,000. Geode Capital Management LLC lifted its stake in Rocket One Inc. Common Stock by 18.0% during the 4th quarter. Geode Capital Management LLC now owns 181,112 shares of the company’s stock worth $179,000 after acquiring an additional 27,577 shares in the last quarter. Citadel Advisors LLC purchased a new position in Rocket One Inc. Common Stock during the 3rd quarter valued at about $232,000. Virtu Financial LLC acquired a new position in Rocket One Inc. Common Stock in the 3rd quarter valued at about $184,000. Finally, Kestra Private Wealth Services LLC acquired a new stake in shares of Rocket One Inc. Common Stock during the third quarter worth about $51,000. 7.08% of the stock is owned by hedge funds and other institutional investors.

Rocket One Inc. Common Stock Company Profile

(Get Free Report)

Hoth Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on the acquisition, licensing and development of novel therapies for dermatological, central nervous system and other debilitating conditions. The company’s strategy emphasizes in-licensing late preclinical or early clinical assets with promising pharmacological profiles and leveraging formulation science to optimize delivery. Core to its approach is the design of topical and localized administration platforms intended to enhance drug penetration, sustain release and reduce systemic exposure.

Hoth’s development pipeline encompasses multiple candidate programs addressing high-unmet-need areas such as atopic dermatitis, epidermolysis bullosa and oral mucositis.

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Earnings History for Rocket One Inc. Common Stock (NASDAQ:RKTO)

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